When will big banks report earnings?

Big banks are expected to report earnings next week, with JPMorgan and Wells Fargo kicking off the season.

Why do analysts expect higher-than-expected revenues?

Analysts expect higher revenues due to increased M&A activity and improved market conditions.

Big Bank Stocks Pop Ahead Of Earnings; Bullishness Grows

Big bank stocks rose Monday ahead of next week's earnings, after JPMorgan predicted investment banking and trading revenues would exceed prior guidance. The firm also raised price targets on several major bank stocks.

July 6, 2026

1 min read

Source: Investor's Business Daily

Big bank stocks rose Monday ahead of next week's earnings, after JPMorgan (JPM) predicted investment banking and trading revenues would exceed prior guidance. The firm also raised price targets on several major bank stocks.

Recommendation Changes

JPMorgan raised price targets on stocks including Citigroup (C), Bank of America (BAC), Goldman Sachs (GS), and Morgan Stanley (MS), while maintaining current ratings.

Analyst Rationale

Analysts expect major banks to report higher-than-expected investment banking and trading revenues, driven by increased M&A activity and improved market conditions.

Context

The positive outlook comes ahead of big bank earnings next week, with JPMorgan and Wells Fargo (WFC) kicking off the season. Bank stocks have risen over 10% in the past month.

What to Make of It

The upbeat guidance suggests strong results ahead, but investors should wait for actual numbers before making decisions.

Frequently Asked Questions

JPMorgan raised price targets on Citigroup, Bank of America, Goldman Sachs, and Morgan Stanley.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.